Bank of England could slow the pace of interest rate rises
Markets anticipate monetary policy will be tightened in the UK for longer than either the US or EU
Central banks
Smart-toilet market will be a measure of China’s economic resilience
This product of intimate cultural and technological complexity is a proxy for middle-class consumer spending
Consumer trends
UK ‘absolutely committed’ to net zero, says Shapps
Minister tells energy bosses he wants them to invest in renewables as well as putting money into North Sea
Renewable energy
Michael Klein: Spac sponsor backs English compounder
CorpAcq is to be listed in New York, where an equity holding company will be regarded as a novelty
Mergers & Acquisitions
UK to establish resolution regime for insurance companies
Bank of England to gain powers to manage demise of large businesses
Financial & markets regulation
India’s fantasy sports sector fears new tax will kill real-money games
Government body proposes 28% levy on casinos, horseracing and skill-based online gaming
Travel & leisure industry
Meta in rift with human rights groups over moderation
Scathing report suggests lay-offs at Facebook parent company led it to ‘neglect’ initiative designed to remove harmful content
Social Media
GAM makes last-ditch effort to win support for Liontrust rescue deal
Swiss asset manager urges shareholders to reject advances from activist investors
Mergers & Acquisitions
Ferrari lifts profit outlook as buyers pay out to personalise their supercars
Spending on high-margin features such as custom paint jobs offsets continued cost inflation
Luxury goods
Airbus forms joint venture in bid to replace International Space Station
Plane maker and US start-up Voyager join race to build commercial alternatives before ISS is decommissioned
Space industry